Karol Fund

Organization Overview

Karol Fund is located in Fox Point, WI. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karol Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Karol Fund generated $54.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (40.8%) each year. All expenses for the organization totaled $249.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Karol Fund has awarded 40 individual grants totaling $663,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Bridie Ann Mooney
Trustee
$0
Edward P Mooney Jr
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $4,094
Net Rental Income$0
Net Gain on Sale of Assets $50,398
Capital Gain Net Income $50,398
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $54,492

Grants Awarded

Over the last fiscal year, Karol Fund has awarded $247,500 in support to 16 organizations.

Grant RecipientAmount

ST FRANCIS DE SALES SEMINARY - ANNUAL APPEAL

PURPOSE: ANNUAL SUPPORT

$50,000

ARCHDIOCESE OF MILWAUKEE - STEWARDSHIP APPEAL

PURPOSE: ANNUAL SUPPORT

$40,000

ARCHDIOCESE OF MILWAUKEE - LOVE ONE ANOTHER CAPITAL CAMPAIGN

PURPOSE: ANNUAL SUPPORT

$30,000

ST FRANCIS DE SALES SEMINARY - FR LUKE STRAND INSTALLATION

PURPOSE: ANNUAL SUPPORT

$25,000

SETON CATHOLIC SCHOOLS

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: ANNUAL SUPPORT

$25,000

DIVINE SAVIOR HOLY ANGELS - FORWARD IN FAITH CAPITAL CAMPAIGN

PURPOSE: ANNUAL SUPPORT

$20,000
View Grant Profile

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